The emergence of novel therapeutics has enabled the healthcare and medical industries to achieve many milestones. The impetus given to research and development activities by government and other healthcare bodies has led to the development of treatment methodologies for several chronic ailments and disorders that earlier remained untreated. Whilst contemporary healthcare has helped lower the mortality rate in chronic ailments, it has also helped healthcare professionals find a cure to the most common or widespread disorders that patients generally ignore, which may be the root of serious health issues in the long run.
Snoring is one such condition, which is very common and can affect anyone. Most often, people do not seek medical attention for snoring. What they fail to realize is that snoring may indicate sleep apnea, a potentially life-threatening condition. Sleep apnea is a breathing obstruction that can cause a person to wake up frequently to inhale oxygen. According to data released by the National Sleep Foundation, almost 90 mn adults face snoring problems and almost 37 mn of them are already habituated to snoring. Thus, it is easy to extrapolate the scale of opportunities for the global anti-snoring devices and surgeries market.
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Growing Awareness Regarding Sleep Apnea Boosts Global Market for Anti-snoring Devices and Snoring Surgery
Growing awareness worldwide regarding the health implications of snoring and negative effects of sleep apnea has helped the global market for anti-snoring devices and snoring surgery grow tremendously in the recent years. The negative effects of sleep apnea have also become a focal point of several clinical studies, which, in turn, have identified an association between snoring and cardiac arrest. The utilization of anti-snoring device has increased substantially over the last few years owing to the high prevalence of obesity and higher stress levels, which act as precursors to both snoring and cardiac arrest.
The anti-snoring devices available in the market are called oral appliances for obstructive sleep apnea. This category of products is further segmented into MAD (mandibular advancement devices), which includes bite and boil adjustable MAD equipment, TSD (tongue stabilizing device), CPAP (continuous positive airway pressure), and others (including chin and nasal strips, rings, straps). Other anti-snoring devices available in the market include SleepPro, which is available both in customized and standard forms.
For effective surgical treatment of snoring, accurate diagnosis of various obstruction levels such as oropharyngeal, retrolingual, nasal, and nasopharyngeal, or obstructions that involve multiple sites is very important. The diagnosis market, therefore, is a critical segment in the market for anti-snoring surgery. Likewise, a corresponding rise in demand for sleep apnea surgery is also noted, since it provides a cure for snoring conditions with a single treatment. However, the success of such treatments depends upon the severity of the condition and case-to-case anatomy.
Asia Pacific Emerges as Lucrative Market
Geographically, North America dominates the market for anti-snoring surgeries and devices, with the U.S. and Canada at the forefront, trailed by Europe. Europe’s position in the global market for anti-snoring devices and snoring surgery is due to the presence of leading manufacturers of medical devices in the region. Apart from these developed regions, Asia Pacific is also emerging as a lucrative market for anti-soring devices and surgeries. The region has been very profitable for sleep apnea surgical technology in the past. Increasing influx of foreign patients and rise in medical tourism in Asia Pacific will help the anti-snoring devices and surgeries market grow in the region.
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